Bitcoin’s value has been on the rise, increasing 4% over the past 24 hours and reaching its highest trading value since August. This growth comes as the U.S. Securities and Exchange Commission (SEC) is currently inviting public comments on proposed spot Bitcoin ETFs. The SEC has clarified that the proceedings do not indicate any conclusions […]
FCF Pay has partnered with Honda and Mercedes, allowing customers to finance, lease, or purchase vehicles using various cryptocurrencies including Ripple (XRP), Bitcoin (BTC), and Shiba Inu (SHIB). This move marks an exciting phase of cryptocurrency acceptance in the automotive sector, and is a significant stride in the massive adoption wave of digital currencies.Through this […]
September has been a disastrous month for crypto-related exploits, with a total of $329.8 million stolen. The most significant contributor to this figure was the Mixin Network attack, which resulted in a loss of $200 million. Other major incidents included the CoinEx and Stake.com attacks, resulting in losses of $53 million and $41 million respectively. […]
Bitcoin’s price has been on the move in the past 24 hours, reaching around $28,000. This is due to liquidated short positions and increased trading volume. ChatGPT, an artificial intelligence, was asked when the next Bitcoin bull run will begin and how high the price can get. The AI pointed out that the start of […]
The cryptocurrency market experienced an unexpected surge in prices of Bitcoin and Ethereum on October 1st. Both prominent digital currencies saw a value increase of almost 4% within a short period of 15 minutes. This rapid surge led to a massive liquidation, which wiped out more than $70 million worth of cryptocurrency short positions. The […]
Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers, believes that securitization, a practice with over 50 years of history, is undergoing a dramatic transformation due to tokenization. Tokenization is the process of converting asset ownership rights into digital tokens on a blockchain. Johnson believes that tokenization is like “securitization done […]
Bitcoin BTC rose 80% in the first two quarters of 2023, but fell 11% in the third quarter ending September. However, the bulls managed a positive monthly close in September, the first since 2016. October has a bullish track record, with only 2014 and 2018 producing negative monthly returns since 2013. This has boosted interest […]
At the Bitmain World Digital Mining Summit (WDMS) in Hong Kong, the common narrative around miners’ handling of block rewards and its effect on Bitcoin’s price was challenged. Jeff Taylor of Core Scientific revealed that they have built a 10,000 Bitcoin hoard and sell their Bitcoin production each day. This insight debunked the belief of […]
Chase Bank UK has recently announced that it will no longer accept payments related to crypto DeFi protocols. This decision has been met with criticism from crypto veteran investor and business magnate Brian Armstrong, who has advised UK crypto holders to close their Chase accounts. Coinbase and other top crypto exchanges have increased their global […]
Minswap, the largest decentralized exchange on Cardano, has seen a surge in various metrics after months of low activity. According to DappRadar, Minswap’s unique active wallets and transaction count increased by 89.85% and 63.05%, respectively, over the past seven days. The volume was also up by 16%. During the same period, Minswap added 11.29k unique […]
